In the January 2022 edition of the Monthly Market Update:
- Australia’s S&P/ASX 200 Index rose 2.75% in December with strong returns across Utilities, Materials, Property, and Financials ex Property.
- Nonfarm payrolls rose 199,000 in December, well below of expectations of a 400,000 increase.
- European annual inflation rose to 5.2% amid increasing energy costs.
- The RBA kept the cash rate on hold at 0.1% and will continue its $4-billion-a-week bond-buying stimulus program until at least mid-February.
Read the January 2022 Market Update here.